Saturday, July 18, 2009

Internet Sales Down

Close-up of keyboard with

Google reports that total clicks are up, but sales are down. Customers are reluctant to pull out their credit cards and money is tight. This is a worry, as there is no pick up in the sales arena. Without more sales we will see an increase in ghost malls as more stores are shuttered. Actually, the internet is pulling sales away from malls due to cheaper prices. This means more ghost malls in the future as people ration their meager cash flow.

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